Argentina: Resolution 5/2023: Increase in the minimum, vital and mobile salary

The National Council of Employment, Productivity and Minimum, Vital and Mobile Salary, through Resolution 5/2023 issued on March 23, 2023, resolved an increase in the basic salary of workers.

The increase will be carried out in a staggered manner in three tranches, as follows:

• As from April 1, 2023 $80,342 (eighty thousand three hundred and forty-two pesos).
• As from May 1, 2023 $84,512 (eighty-four thousand five hundred and twelve pesos)
• As from June 1, 2023 $87,987 (eighty seven thousand nine hundred eighty seven pesos)

This report cannot be considered as legal advice or advice of any other kind from Allende & Brea.